Lightspeed Commerce Inc (LSPD.TO) Buy, Sell…

Lightspeed Commerce Inc (LSPD.TO)

13.29

+0.04 (0.30%)

as of Jun 19, 2026, 8:00:00 pm Market Open.

417 watching

DON'T BUY

It's not his type of stock, because it trades at a huge multiple and doesn't generate revenues yet. But he traded it in the spring and made a quick profit--he couldn't resist. It fell so far and rose so fast. They have a good POS system, but depend on restaurants and bars which of course are a challenged sector. He expects a slowdown for LSPD in coming quarters, so watch their future guidance. The valuation is too high.

DON'T BUY

It is a growth-at-any-price stock. It scores pretty poorly on valuation. It missed on the last quarter. It is volatile. It has a good trend, however.

HOLD

A great success story out of Montreal. The rebound was so rapid in March, that they missed the chance to buy. Their involvement in cloud based POS resulted in analysts slashing earnings estimates and there is still an element of risk. In a few months he hope those concerns will appear to be a bump in the road. He thinks there is still a lot of growth and they may be some acquisition opportunities for them as well. A hold for now.

HOLD

Buy more on weakness? There were a couple of chances to buy on pullbacks. The worst case scenario is that their customers were not able to return to business. If you were brave to buy back in mid-March you were rewarded. They just reported earnings and they beat expectations. Retailers were still staying with them. He continues to hold it. Coming out of the pandemic, clients will need efficient technology like this to survive. Beware of the volatility.

BUY ON WEAKNESS

A great success story out of Montreal. They specialize in hospitality point of sale and their earnings report was very positive. They are doing something right and the adoption of their technology is growing -- over 600,000 merchants use their product. Maybe a little rich today.

WAIT

They reported overnight with numbers better than expected. They have lots of cash. They layer in technology to bricks and mortar businesses. They will be a bit stressed based on the COVID shut down but it sets up well for the long term. Be patient on it. Wait for people to get back into restaurants.

COMMENT

They don't fit his investing criteria. LSPD's topline has been shooting up, but they aren't yet profitable. They're like Shopify. He looks for companies that generate return on capital for three years in a row--this shows consistency and profitability. That said, LSPD could do quite well. Caveat: watch your allocation of LSPD in your portfolio with stocks like this--they can soar or plunge more than most other stocks and impact your portfolio. So, if you buy this, buy an appropriate amount.

DON'T BUY

He did a trade, buying near the March low then exiting around $20. Remember: LSPD's clients are mostly restaurants and bars, a sector hard hit by the pandemic. Many won't come back. There could be negative growth with LSPD, and volatile. Long-term, though, there may be an opportunity below $20.

TOP PICK

Point of sale systems for retail and restaurants. The stock has pulled back. They have a strong balance sheet. They are providing take out systems for restaurants. They are getting great traction. (Analysts’ price target is $24.18)

COMMENT

QSR has a lot of international exposure and he sees some opening beginning to occur in China. NTR is not impacted as we all have a need for food -- you can buy here. LSPD is asset light company, unfortunately it is economically sensitive -- requiring restaurants to be open to generate revenues.

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Curated by Allan Tong since 2019.
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TOP PICK

Here in Canada, Lightspeed POS has been enjoying a strong rebound in recent days (as this week's Stockchase weekly report explains).

WEAK BUY

LSPD vs SHOP SHOP does have some profits. He'd be a buyer, but closer to the 200 day, which is $493. He's a fundamentalist at heart. Still, if you focus too much on that, you'll miss the boat. Look at the chart, price to sales, and whether the business is well run and necessary to commerce. You can't wait for just the numbers. Longer term, you can own it. LSPD won't be the next Shopify, but it does have a lot of good growth vectors. You can pick away at it here at these beaten up levels.

HOLD

He likes software and he likes their POS business. They have access capital now by being public, which is helping their business. They are targeting restaurants and retail businesses and it is growing fast and with high margins (70%). They are not profitable yet so you have to be patient.

DON'T BUY

It does not fit his value style of investing. The valuation has reached nosebleed levels and there has been insider selling.

COMMENT

He's watching this and wants to buy it. LSPD is right above its 200-day average of $34.78. Now, it's slightly above that. Look how this closely after its third day--which is a rule of thumb--to decide whether to take profits if you own it. If LSPD stays below $34.78, then sell.

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